Microsoft briefly outshines Apple as world’s most valuable company

Microsoft briefly outshines Apple as world’s most valuable company

Microsoft, Google integrate AI into products Microsoft, Google integrating more AI into products 03:20 Microsoft briefly dethroned Apple as the world’s most valuable company, as its foray into generative AI continues to push up its stock price. The software giant’s stock on Thursday jumped as much as 2%, putting the firm’s market valuations at $2.903…

Google Cloud launches new generative AI tools for retailers

Google Cloud launches new generative AI tools for retailers

Sopa Images | Lightrocket | Getty Images Google launched several new tools for retailers using generative artificial intelligence to improve online shopping experiences and other retail operations, its cloud business announced in a release Thursday.  The suite of new products includes a generative AI-powered chatbot that retailers can use on websites and mobile apps. The…

Amazon’s Audible unit lays off about 5% of staff

Amazon’s Audible unit lays off about 5% of staff

Amazon‘s Audible division is cutting approximately 5% of its staff in an effort to position the unit “for continued success,” the executive overseeing the division told employees Thursday. “We did not take this route without considerable thought,” Audible CEO Bob Carrigan wrote in a memo to staffers that was viewed by CNBC. “But getting leaner…

Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M

Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M

eBay’s headquarters in San Jose, California, U.S. Bloomberg |  Getty Images Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay…

eBay to pay $3 million after couple became the target of harassment, stalking

eBay to pay $3 million after couple became the target of harassment, stalking

Online retailer eBay Inc., will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay in a criminal information with stalking, witness…

Google challenges cloud rivals by making it free for customers to transfer data when they leave

Google challenges cloud rivals by making it free for customers to transfer data when they leave

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to win cloud deals over larger rivals Amazon and Microsoft involves making it cheaper for clients to leave. In a blog post Thursday, Google took aim…

Circle confidentially files for IPO following banner year for crypto stocks

Circle confidentially files for IPO following banner year for crypto stocks

A woman holds a smartphone with the USD Coin logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, a little more than a year after terminating a…

Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows

Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows

Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to…